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we'll have the latest on the fiscal cliff. thanks.
we'll have the latest on the fiscal cliff. thanks.
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Dec 29, 2012
12/12
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cliff. >> thanks so much. >> the deadlock in washington has been weighing on investor sentiment today. in europe, it was the last trading day of the year, and what a year it has been. our correspondent has kept an eye on the trading floor all year for us. he sent us this report from the floor of the frankfurt stock exchange. >> the year has ended a very successful 2012, also for the frankfurt exchange, which is why you see tables and chairs where there usually are not. there will be a celebration here shortly, and there is something to celebrate -- the dax performed to the tune of about 30%-plus this year, and many shares went up. only a few lag behind. the best shares almost doubled in value. when you look at the second tier, there were some that more than doubled in value. demand mostly responsible for that, according to -- the man most responsible for that according to everyone here is mario draghi. he promised the european central bank would do everything in its power to preserve the euro, and that really release energy and restored some confidence also for the bureau. in 2013, pe
cliff. >> thanks so much. >> the deadlock in washington has been weighing on investor sentiment today. in europe, it was the last trading day of the year, and what a year it has been. our correspondent has kept an eye on the trading floor all year for us. he sent us this report from the floor of the frankfurt stock exchange. >> the year has ended a very successful 2012, also for the frankfurt exchange, which is why you see tables and chairs where there usually are not. there...
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Dec 24, 2012
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. >> our sunday round table from last week is back this week with clarity on the fiscal cliff. thank you both for being with us. guest: i guess congress is going to come back and see if they can come up with something that will give everyone enough political confidence so we can avoid the tax increases that are scheduled. i'm skeptical that is going to happen and my guess is we're going to go over the cliff.
. >> our sunday round table from last week is back this week with clarity on the fiscal cliff. thank you both for being with us. guest: i guess congress is going to come back and see if they can come up with something that will give everyone enough political confidence so we can avoid the tax increases that are scheduled. i'm skeptical that is going to happen and my guess is we're going to go over the cliff.
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Dec 29, 2012
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. >> thanks again. >>> crucial meetings to come up with a deal to avoid the so- called fiscal cliff in the u.s. will resume sunday. president obama says that congress must act now to avoid economic disaster. he has been meeting with republican and democratic leaders to reach a deal to avoid tax hikes and spending cuts that take effect january 1. >> the hour-long meeting with president barack obama was the first face-to-face session together with both republican leaders of the latest fiscal crisis. obama said he was modestly optimistic about the agreement by senate leaders on a compromise bill that could be voted on by monday. that is just two days before 6 under billion dollars of automatic tax hikes and spending cuts begin to take effect -- $600 billion of automatic tax hikes and spending cuts take effect. >> we want to make sure that unemployment insurance is still available for 2 million people and lay the groundwork for additional deficit reduction and economic growth steps to take in the new year. but let's not miss this deadline. >> we are working hard to get there in the next 24
. >> thanks again. >>> crucial meetings to come up with a deal to avoid the so- called fiscal cliff in the u.s. will resume sunday. president obama says that congress must act now to avoid economic disaster. he has been meeting with republican and democratic leaders to reach a deal to avoid tax hikes and spending cuts that take effect january 1. >> the hour-long meeting with president barack obama was the first face-to-face session together with both republican leaders of...
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Dec 27, 2012
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it's becoming more of a fiscal slope as oppose to a fiscal cliff. thank you within kelly. jonathan, i want to turn to you right here. harry reid was not holding back this morning on the senate floor. i want to play what he said about the 435 members in the house. >> there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. the speaker just has a few days left to change his mind. but i have to be very honest, mr. president, i don't know timewise how it can happen now. >> and we just heard from kelly about this possible new deal the president has sent over regarding the fiscal cliff. harry reid, though, there's not a lot of time left. >> no, there isn't a lot of time left. what the majority leader is referring to is we've been talking about a lot, the majority of the majority real that if boehner would put aside this tradition that if he's going to get anything passed, it has to be passed bay majority of the republican caucus. clearly there have been times on the little and
it's becoming more of a fiscal slope as oppose to a fiscal cliff. thank you within kelly. jonathan, i want to turn to you right here. harry reid was not holding back this morning on the senate floor. i want to play what he said about the 435 members in the house. >> there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. the speaker just has a few days left to change his mind. but i...
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Dec 30, 2012
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those voices have been buried behind the simplicity of a fiscal cliff. the press loves a deadline. >> the press loves a deadline and loves colorful language like fiscal cliff. thanks for joining us. >>> at the top of the hour, state of the union has republican reaction to the president's interview on "meet the press." did we really need to go haywire over david petraeus? mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love wi
those voices have been buried behind the simplicity of a fiscal cliff. the press loves a deadline. >> the press loves a deadline and loves colorful language like fiscal cliff. thanks for joining us. >>> at the top of the hour, state of the union has republican reaction to the president's interview on "meet the press." did we really need to go haywire over david petraeus? mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and...
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Dec 28, 2012
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the fiscal cliff? >> i have been in washington waiting to see if congress would be called back into session, as it should be. there really is no legitimate reason why the country should be facing serious tax increases for middle-class and also spending cuts that will further slow down the economy. we have made all of the wrong choices. we should be talking about jobs and more people involved in paying taxes. we should be talking about rebuilding america's infrastructure, china has gone ahead with high-speed trains and massive investment in infrastructure. instead, we're back to the same old arguments about taxes and spending without really looking at what we're spending. we just passed the national defense authorization act the other day, another $560 billion just for one year for the war machine. so we're focused on whether or not we will cut domestic programs now? are you kidding me? >> congressman, the recent election was seen by many as a mandate from the electorate to finally be able to tax the we
the fiscal cliff? >> i have been in washington waiting to see if congress would be called back into session, as it should be. there really is no legitimate reason why the country should be facing serious tax increases for middle-class and also spending cuts that will further slow down the economy. we have made all of the wrong choices. we should be talking about jobs and more people involved in paying taxes. we should be talking about rebuilding america's infrastructure, china has gone...
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Dec 26, 2012
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cliff. president obama is cutting his holiday vacation short, returning to washington tomorrow to continue talks to try to avoid that automatic tax hike and spending cut combination. that's the same day that congress returns to town. before the president left town on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. reports say white house staffers have been quietly working with senate democrats to come up with a plan to avoid the fiscal cliff, but little progress has been made. >>> a chinese ratings agency is putting the u.s. on negative watch citing troubles with long-term debt issues. on a statement on its web site, global credit says each political party insists on the proposition favorable for its own interest. it expects u.s. debt to rise to 105% of gdp this year and warns the country will probably fall into recession in 2013 if there's no resolution to the fiscal cliff. last year, it cut u.s. treasu
cliff. president obama is cutting his holiday vacation short, returning to washington tomorrow to continue talks to try to avoid that automatic tax hike and spending cut combination. that's the same day that congress returns to town. before the president left town on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. reports say white house staffers have been quietly working with senate democrats to come up...
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Dec 24, 2012
12/12
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people continue to worry about the fiscal cliff. back to you. dennis: thank you. dagen: mitt romney did not want to run for president. at least, that is what his son is saying. he said he had no desire to run for office. it was his wife along with his sons to push him. dennis: let's bring in doug shoen. >> i don't think it could be farther from the truth. the physical and emotional stress of the process. they do not go through that if they do not want to be president. dagen: maybe what was wrong, what people sensed about mitt romney when he was on the campaign trail, that there was a lack of passion there. >> there was no unwillingness to take whatever position he thought would suit his purposes in the campaign and, you never heard rodney say this is what i really need, you know, needs to be done for america. i do not think there is anyone in america who wanted to be elected more than mitt romney, other than, president obama. dennis: he was too much of a nice guy. he should have been beating the daylights out of the bad record of the president. he never really got
people continue to worry about the fiscal cliff. back to you. dennis: thank you. dagen: mitt romney did not want to run for president. at least, that is what his son is saying. he said he had no desire to run for office. it was his wife along with his sons to push him. dennis: let's bring in doug shoen. >> i don't think it could be farther from the truth. the physical and emotional stress of the process. they do not go through that if they do not want to be president. dagen: maybe what...
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on her way to the fiscal cliff. thank you very much. heather: russian president vladimir putin accused of playing politics with the lives of orphans. signing a bill banning americans from adopting russian children. bad news has left dozens of american families heartbroken. amy kellogg is live in london with details. reporter: heather, one russian activist says that every member of the russian parliament voted for this measure should be obliged to adopt a russian child of his or her own. there are 700,000 russian children who need a home. only 18,000 russian families who signed up to adopt. this new law was named after a russian baby that died in the custody of his american adoptive parents. he was neglected. but it is really believe that the reason for this law was another law that was just passed in washington, so it is a response to the american law punishes human rights violators in russia. it was sparked by the death of a russian lawyer who died died in jail investigating a fraud case at the request of americans in russia. it single
on her way to the fiscal cliff. thank you very much. heather: russian president vladimir putin accused of playing politics with the lives of orphans. signing a bill banning americans from adopting russian children. bad news has left dozens of american families heartbroken. amy kellogg is live in london with details. reporter: heather, one russian activist says that every member of the russian parliament voted for this measure should be obliged to adopt a russian child of his or her own. there...
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Dec 28, 2012
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ashley: cliff hanger, i'm tired of saying "fiscal cliff. i'll use "cliff hanger." thank you so much for being here. >> you're welcome. ashley: i said it would be fun; right? >> yeah. ashley: very optimistic. the closing bell rings in 37 minutes. by the way, it is the endless search for yield. money flowing into corporate bonds like there is no tomorrow, especially junk bonds. the question is is it too late for investors to get in on the action. lance robert, the ceo of street talk advisers, find out why he thinks stocks are better with consistent returns and pay healthy diff denldz. makes sense. his top picks coming up next in a fox business exclusive. ♪ ashley: face call cliff, fiscal cliff, fiscal cliff, that's three more times, holding stocks hostage, down fifth day in a row. energy stocks notably weak again today. six down days in a row so check out the energy select spider exchange traded fund. it's xle, and it's basically a proxy for the energy complex, oil producers, service providers, pipeline operators, and xle, as you see, up 1.25%. in terms of the indi
ashley: cliff hanger, i'm tired of saying "fiscal cliff. i'll use "cliff hanger." thank you so much for being here. >> you're welcome. ashley: i said it would be fun; right? >> yeah. ashley: very optimistic. the closing bell rings in 37 minutes. by the way, it is the endless search for yield. money flowing into corporate bonds like there is no tomorrow, especially junk bonds. the question is is it too late for investors to get in on the action. lance robert, the ceo...
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Jan 1, 2013
01/13
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you. >> thank you. >> we'll be back on the apparent deal to avoid the fiscal cliff. you are watching "msnbc" the place for politicings milissa e . >>> welcome back to "msnbc" coverage of the plan on the fiscal cliff. the nation is scheduled to go off the cliff at midnight, eastern time. the senate bill is being worked on right now. and lawmakers may try to vote on it sometime tonight. the house, meanwhile, is scheduled to remain adjourned until noon tomorrow. house minority leader nancy pelosi released a statement just minutes ago saying in part "when a final agreement is reached and passed by the senate i will present it to the house democratic caucus." vice president joe biden who worked for the past hours with senate minority leader mitch mcconnell, worked to reach the deal. for more, i am joined by the vice president's former chief economist and adviser, jared burnstein. >> well, it is nice to be with you, with what sounds like some progress on the hill. >> are there any surprises for you in all of this, and how it is going down? >> well, i was a bit surprised by
you. >> thank you. >> we'll be back on the apparent deal to avoid the fiscal cliff. you are watching "msnbc" the place for politicings milissa e . >>> welcome back to "msnbc" coverage of the plan on the fiscal cliff. the nation is scheduled to go off the cliff at midnight, eastern time. the senate bill is being worked on right now. and lawmakers may try to vote on it sometime tonight. the house, meanwhile, is scheduled to remain adjourned until noon...
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Dec 31, 2012
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fiscal cliff. here's what both sides are considering in a potential deal right now. an increase in tax rates for families making over $450,000 a year. extending unemployment benefits. and an increase in the estate tax. the president seemed hopeful but cautious when he addressed the american people earlier today. >> today, it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> let's get straight to our chief white house correspondent jessi jessica yellin. she's over at the white house with the very latest. the president seems pretty optimistic that it's within a few hours we could have a deal, right? >> reporter: wolf, the people i just spoke to here say they are no more or less optimistic than they were this morning. which is to say they are not cueing the confetti just yet. senator mitch mcconnell, the republican leader on the hill, is still t
fiscal cliff. here's what both sides are considering in a potential deal right now. an increase in tax rates for families making over $450,000 a year. extending unemployment benefits. and an increase in the estate tax. the president seemed hopeful but cautious when he addressed the american people earlier today. >> today, it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve. but we're hopeful that...
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Dec 30, 2012
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one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next.
one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next.
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Dec 26, 2012
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ashley: nobody knows why, but i'm tired of saying "fiscal cliff," i know that. thank you so much for joining us. >> thank you. >> and cindy who ran off. thank you very much. that's the floor show. washington running out of time to avert the fiscal cliff and after plan b, well, that got nowhere, the house g.o.p. insists it's the senate's turn to suggest a plan, but the senate, well, yet to make a move. peter barnes joining us from dc with the littest on, what, doesn't seem to be going anywhere? we have the speaker, peter, stuck in a blizzard in ohio. >> yeah, that's right, ash, and we've got the senate coming back in tomorrow, and the president coming back into tossen so everybody -- into town so everybody is looking to harry reid, the senate democratic leader and the president to make a move here in the standoff, white house and senate democratic staff were discussing steps to avert the cliff monday. we didn't get an update on the status of the conversations from the white house today. a spokesperson for senator reid saying, quote, nothing to report, no conversa
ashley: nobody knows why, but i'm tired of saying "fiscal cliff," i know that. thank you so much for joining us. >> thank you. >> and cindy who ran off. thank you very much. that's the floor show. washington running out of time to avert the fiscal cliff and after plan b, well, that got nowhere, the house g.o.p. insists it's the senate's turn to suggest a plan, but the senate, well, yet to make a move. peter barnes joining us from dc with the littest on, what, doesn't seem...
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Dec 30, 2012
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one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next. why should saturday night have all the fun? get two times the points on dining in restaurants, with chase sapphire preferred. good afternoon. chase sapphire. (push button tone) this is stacy from springfield. oh whoa. hello? yes. i didn't realize i'd be talking to an actual person. you don't need to press "0," i'm here. reach a person, not a prompt whenever you call chase sapphire. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible
one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next. why should saturday night have all the fun? get two times the points on dining in restaurants, with chase sapphire preferred. good afternoon. chase sapphire. (push button tone) this is stacy from springfield. oh whoa. hello? yes. i didn't realize i'd be talking to an actual person. you don't need to press "0," i'm here. reach a person, not a...
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Dec 30, 2012
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thank you. >> thank you. >>> deadline for that fiscal cliff, well, we have said it, 32 hours. we will bring you the latest on its major sticking points. ♪ [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers.
thank you. >> thank you. >>> deadline for that fiscal cliff, well, we have said it, 32 hours. we will bring you the latest on its major sticking points. ♪ [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers.
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Dec 31, 2012
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i hope so. >> next, talking about the fiscal cliff. john thune. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing this and republicans are very concerned that it should not be used as an offset to reduce or replace some of the spending cuts that would occur and democrats put forward an alternative. this is a process. there's a lot of give-and-take going on. republicans do not want to see new revenue, democratic tax increases, being used for new spending. that is where many members are drawing the line. >> you all wa
i hope so. >> next, talking about the fiscal cliff. john thune. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but...
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with an impending fiscal cliff challenging all of us. the women and men who serve in this great body have expressed great differences but those differences ought not divide us. they should build us with the best consensus, we need a bold and balanced approach to this fiscal cliff. mr. tonko: we need to make certain that the 33 consecutive months of private sector job growth are not disrupted. we need to make certain that the unemployment rate does not rise as the c.b.o., congressional budget office suggests, to 9.1%. we need to avoid taxes growing by $,200 for an average family of four in 2013. -- $2,200 for an average family of four in 2013. it is important for us to go forward and take the initiative and avoid the consequences of that fiscal cliff. i'm concerned because fema as an example would be cut by some $878 million. having witnessed the destruction in my district, we can ill afford that. cuts to nutrition programs, cuts to medicare. i implore our leadership in this house to bring a bold and balanced approach to solve our fiscal
with an impending fiscal cliff challenging all of us. the women and men who serve in this great body have expressed great differences but those differences ought not divide us. they should build us with the best consensus, we need a bold and balanced approach to this fiscal cliff. mr. tonko: we need to make certain that the 33 consecutive months of private sector job growth are not disrupted. we need to make certain that the unemployment rate does not rise as the c.b.o., congressional budget...
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a whole slew of things, kate, are going to hit people in the pocketbook if this fiscal cliff lingers. >> steve, thanks so much tonight. we have learned more tonight about why secretary of state hillary clinton is in a new york city hospital. her doctors confirm she is being treated for a blood clot between her brain and skull. they say she did not suffer a stroke or neurological damage but clinton remains hospitalized tonight. nbc chief foreign affairs correspondent andrea mitchell joins me now from washington with the latest on that. andrea, good evening. >> good evening, kate. hillary clinton was set to return to work, until doctors discovered the blood clot that formed in her head, specifically in the vein sich waitated between the brain and skull behind the right ear. they say she did not have a stroke, did not suffer neurological damage but will have to be hospitalized for the time being. she's the administration's most high-profile frequent flier. 112 countries, nearly 1 million miles. more than 400 days of travel. named in a gallup poll today as the world's most admired woman.
a whole slew of things, kate, are going to hit people in the pocketbook if this fiscal cliff lingers. >> steve, thanks so much tonight. we have learned more tonight about why secretary of state hillary clinton is in a new york city hospital. her doctors confirm she is being treated for a blood clot between her brain and skull. they say she did not suffer a stroke or neurological damage but clinton remains hospitalized tonight. nbc chief foreign affairs correspondent andrea mitchell joins...
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Dec 25, 2012
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. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on their hei plan to avoid it now that talks have broken down with john boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell us that aides to the president have been in talks preliminary talks, with aides to senate majority leader harry elf who himself was here in hawaii this weekend for the funeral of senator daniel inouye. eid is now working, we're told, on a smaller package than the comprehensive deal than the president was working on with speaker boehner. than tmall package would prevent tax rates from rising for middle-class, perhaps cut some spending and tie up a few other loose ends. so far, though, senator reid has so fbeen in touch with republicans over this plan. blicans ovent and the
. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on their hei plan to avoid it now that talks have broken down with john boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell...
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to avoid the looming fiscal cliff. with five days until major spending cuts kick in and taxes go up on everybody, the white house says president obama made separate phone calls to the senate leaders, harry reid, and john boehner. that was last night before the president took air force one from hawaii to washington. molly is live for us at the white house. update us on the next move from the obama administration. >> despite the phone calls that the president made before he left hawaii, he spoke to top democrats and republicans and no negotiation meetings have been set. at least not formally or public limit there's nothing set yet between all the sides to discuss this. the president's back in washington after he cut short vacation to get back to the white house for possible last minute fiscal cliff talks leaving his wife and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the
to avoid the looming fiscal cliff. with five days until major spending cuts kick in and taxes go up on everybody, the white house says president obama made separate phone calls to the senate leaders, harry reid, and john boehner. that was last night before the president took air force one from hawaii to washington. molly is live for us at the white house. update us on the next move from the obama administration. >> despite the phone calls that the president made before he left hawaii, he...
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he's a rich guy. >>> the fiscal cliff affects even him. thank you. >>> financials have been on fire for most of 2012 but low interest rates and pretty tough regulation, those factors are still putting some profit margins under pressure. we take a look at what is in store for wall street in 2013. >> reporter: after a year's long identity crisis, 2013 will see a spate of bank makeovers. barclays will spin off its investment bank, bank of america will review options for merrill lynch. behind these walls, citigroup's ininvestment bank will shrink considerably, focusing on top traders and deal makers. if that deal market returns as well as valuations, citi could sell all of its crisis-tinged bad bank citi holdings. about that london whale at jpmorgan, it forced jamie dimon to clear house, a dozen executives changing roles. expect a lot of face time with media and investors for mike cavanaugh, co-ceo of the investment bank and the not so dark horse to succeed dimon. battles will brew over regulation, the consumer financial protection bureau will
he's a rich guy. >>> the fiscal cliff affects even him. thank you. >>> financials have been on fire for most of 2012 but low interest rates and pretty tough regulation, those factors are still putting some profit margins under pressure. we take a look at what is in store for wall street in 2013. >> reporter: after a year's long identity crisis, 2013 will see a spate of bank makeovers. barclays will spin off its investment bank, bank of america will review options for...
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thanks for being back. if we go over the fiscal cliff works comes out on top? >> it sounds like the president does, after all, he's the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the political system in the united states is a loser. i really do believe that the polls bear this out, that people are really getting disgusted with all the players in this game, and they want to see it stopped. >> let bring in paul cain, congressional correspondent for the "washington post." you know, to what bob was just saying americans are shaking their heads at all of this, just watching this blame game and wondering where are we going with this. >> you know, melissa, the other night mark begich, freshman senator from alaska when he was walking out friday night, he called it
thanks for being back. if we go over the fiscal cliff works comes out on top? >> it sounds like the president does, after all, he's the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the...
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saying you can't do this with the fiscal cliff. what a two months that will be. thanks so much for joining us. we appreciate it. joining me here in the studio with our first reads of the day, senior political editor mark murray. welcome. back and forth from the harry reid. we have congressional ping pong going on. you said it is time for house republicans to put middle class families first bypassing the senate's bill to protect 98% of americans on january 1st. the senate bill could pass tomorrow if the house republicans would lead it come to the floor. the house had two bills that collectively can avert the entire fiscal cliff if enacted. those bills await action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that should be $400,000 and have fixes t
saying you can't do this with the fiscal cliff. what a two months that will be. thanks so much for joining us. we appreciate it. joining me here in the studio with our first reads of the day, senior political editor mark murray. welcome. back and forth from the harry reid. we have congressional ping pong going on. you said it is time for house republicans to put middle class families first bypassing the senate's bill to protect 98% of americans on january 1st. the senate bill could pass...
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the payroll tax is one of the components of the fiscal cliff. as the article points out, most of the discussions and plants have not involved in extending that to read what that means is, the first paycheck in january, federal withholding for social security will increase and take- home pay will drop by about 2%. host: from what you have seen and heard of the negotiations going on back and forth between the white house and senate and house, what other items are you most concerned about regarding how going over the cliff will affect the average american? guest: most of the discussion thus far has focused on the individual income tax provision that for the most part had been in affect for the past 10 years or so. one aspect of the fiscal cliff does not actually -- is not about 2013 taxes. but it still left over business from 2012. congress has not yet enacted its annual fixed to the alternative minimum tax. if no action is taken, and a lot of people have probably not even heard of the alternative minimum tax. it would insnare more than 30 million
the payroll tax is one of the components of the fiscal cliff. as the article points out, most of the discussions and plants have not involved in extending that to read what that means is, the first paycheck in january, federal withholding for social security will increase and take- home pay will drop by about 2%. host: from what you have seen and heard of the negotiations going on back and forth between the white house and senate and house, what other items are you most concerned about...
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the. >> thank you, senator. >> the fiscal cliff isn't the only looming deadline. geithner is warning the nation will hit their debt ceiling on new year's eve. how will it impact your wallet? we are joined by rich edson. nice to see you. what will it mean for everyone? >> if you are borrowing money that could be problem matt ag. analysts say if we surpass the debt ceiling, and the pressurery department can do accounting and buy us a little more time, about $200 billion more time. but if we do surpass that point, interest rates would go up if you are looking to borrow money. money invested in the stock market, analysts predict worldwide markets would have major problems. if you get payments from the government in any form, whether paidfy the government, whether your job is involve in the government or if you get social security checks, if you get veterans benefits, if your government pace your healthcare, all of that could be at risk if there's not enough money or borrowing authority to pay the bills. >> you mentioned the word extraordinary circumstances. what a nic
the. >> thank you, senator. >> the fiscal cliff isn't the only looming deadline. geithner is warning the nation will hit their debt ceiling on new year's eve. how will it impact your wallet? we are joined by rich edson. nice to see you. what will it mean for everyone? >> if you are borrowing money that could be problem matt ag. analysts say if we surpass the debt ceiling, and the pressurery department can do accounting and buy us a little more time, about $200 billion more...
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the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. he will take the podium in a matter of minutes and will bring you a statement on the fiscal cliff live. "piles of money" is on the way. ♪ adam: we've got a live picture for you of the white house briefing room. president obama is going to make comments about the fiscal cliff at 4: -- 5 len 45 eastern, we'll take them live on the fox business network. >>> auto industry is heading toward the best year since 2007, great news for sure but the fiscal cliff, believe it or not threatens to run the them off the road. heres we details, lauren fix. crew tells me they will give me
the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. he will take the podium...
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the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. he will take the podium in a matter of minutes and will bring you a statement on the fiscal cliff live. "piles of money" is on the way. ♪ she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all yo
the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. he will take the podium...
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cliff. the only issue is how long do we stay over the cliff? if it's 60 days, 90 days, that's a big problem for the economy, for the market, and i think you want to raise cash. i recommend starting with a cash weight of at least 10% and go up 2.5% each week, depending on whether or not they can come to agreement. i mean, i think ultimately it probably will come to agreement, but let's face it, obama's not going to get inaugust -- inaugurated until the 21st, and boehner thinks the real deadline is february or early march. that's a time frame to look for, and the reality is if you look at the markets over the last while, they are correlated between the commodity markets, oil, bonds, stocks, and that has not been the case for many, many years, and so it's really one trade. there's a macro trade. what's going on in the u.s. with the fiscal cliff, and before that, it was all about europe. david: larry, your picks, disney and direct tv, i know you like the vegas stocks, las vegas sans, boyd gaming
cliff. the only issue is how long do we stay over the cliff? if it's 60 days, 90 days, that's a big problem for the economy, for the market, and i think you want to raise cash. i recommend starting with a cash weight of at least 10% and go up 2.5% each week, depending on whether or not they can come to agreement. i mean, i think ultimately it probably will come to agreement, but let's face it, obama's not going to get inaugust -- inaugurated until the 21st, and boehner thinks the real deadline...
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thank you. ♪ >>> ahead on "starting point," the latest on the fiscal cliff negotiations. we'll ask one house member if he expects to be voting on a deal today. next, utah congressman jason chaffetz. and is the kardashian clan about to get bigger? the new year's news you had to have. kim and kanye west, they respond to the pregnancy rumors. >>> breaking news, everyone. you're watching "starting point." so i switched my car insurance to state farm... saved $480 bucks. you know what that is? yeah. don't say it. so you know what it is, right? yeah, yeah, don't. that's a lot of dough! ♪ [ male announcer ] switch and you could save $480 bucks with state farm. when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. learn more, lose more at letsfightfat.com. >>> millions of americans countin
thank you. ♪ >>> ahead on "starting point," the latest on the fiscal cliff negotiations. we'll ask one house member if he expects to be voting on a deal today. next, utah congressman jason chaffetz. and is the kardashian clan about to get bigger? the new year's news you had to have. kim and kanye west, they respond to the pregnancy rumors. >>> breaking news, everyone. you're watching "starting point." so i switched my car insurance to state farm... saved...
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>>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're going to show you how it impacts view your bottom line. >>> and what about the secretary of state? her dangerous blood clot. what could that mean for hillary clinton and her political future? i'm wolf blitzer. you're in "the situation room." right now we're following breaking news. all eyes are in the house of representatives where lawmakers are weighing the future of a bill that's now effectively a fiscal cliff fix. no vote has been scheduled on the bill that the senate passed in the middle of the night after steep tax cuts and spending cuts kicked in. speaker john boehner has been t
>>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're...
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linda, thank you. >> we're all concerned about the fiscal cliff. our minds are preoccupied. first question what will the average taxpayer see if, in fact, we go over the fiscal cliff? >> everybody starting in january who makes under $110,000 will lose immediately 2% of this auto paycheck. >> that's a lot. so aperson making $75,000, family of four, how much of a difference will that make do you think in their typical paycheck? >> it could be somewhere between $40 and 60, depending on their benefits that they get. but for a normal family it could be maybe $2,000 a year or more just because they're going to lose the deduction for children. >> is there anything people can do at this point in anticipation of the fiscal cliff to shelter themselves from a hit like that? >> oh my goodness, if we just knew what was going to happen, there are a couple of things maybe. i mean, you might want to shift some income to this year, but you don't have much time to do it, unless you sold some stocks at a gain. >> what are some of the other concerns of your clients? i know you're hearing a it l
linda, thank you. >> we're all concerned about the fiscal cliff. our minds are preoccupied. first question what will the average taxpayer see if, in fact, we go over the fiscal cliff? >> everybody starting in january who makes under $110,000 will lose immediately 2% of this auto paycheck. >> that's a lot. so aperson making $75,000, family of four, how much of a difference will that make do you think in their typical paycheck? >> it could be somewhere between $40 and 60,...
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thank you for joining us. >> the fiscal cliff is at our doorstep, the fate of our nation is in washington's hands. >> some final thoughts how to manage your money in these dicey times. i can't wait to hear what's going to be said as well, coming up. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not
thank you for joining us. >> the fiscal cliff is at our doorstep, the fate of our nation is in washington's hands. >> some final thoughts how to manage your money in these dicey times. i can't wait to hear what's going to be said as well, coming up. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney...
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to the fiscal cliff . after the break we'll get country as far larry gait lin's predictions for 2013. they responded to the scene and discovered that employee had a device placed on her neck. bomb squad personnel removed the device. fbi and phoenix police department are conducting a joint investigation. >> lawmakers are working to get a compromise on the looming fiscal cliff . they call on congress to protect the middle class from a tax income hike. senator roy blunt stated in the gop response said it was the democratics inability to pass that got them to this point. >> dock workers in the bocks have reached an agreement. long shoremen extended for 30 more days. if they can't agree workers could go on a massive strike. >> another winter storm is dumping snoy on great lakes to the east coast. >> snowfall in the new england area is expected to be 4-8: and she's off. sadey the donkey is getting to know her new family. she broke free from her yard and on the lamb for days. sadey's owner who bought the donkey f
to the fiscal cliff . after the break we'll get country as far larry gait lin's predictions for 2013. they responded to the scene and discovered that employee had a device placed on her neck. bomb squad personnel removed the device. fbi and phoenix police department are conducting a joint investigation. >> lawmakers are working to get a compromise on the looming fiscal cliff . they call on congress to protect the middle class from a tax income hike. senator roy blunt stated in the gop...
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cliff deadline. >> glor: nancy cordes, thank you. major garrett has been following developments at the white house. major, what is the president's next move? >> reporter: it is not a breakthrough but it is a glimmer of hope. officials tell cbs news the president will meet with harry reid, mitch, house speaker john boehner, democratic leader nancy pelosi tomorrow afternoon at the white house. to try to find out if there is a way to avert the fiscal cliff. today, after the president returned from his vacation in hawaii, he did meet with his senior advisors. they did conduct some back- channel negotiations as they have been during the holidays on a bill to possibly avert the fiscal cliff. those talks i'm told did not make much progress. the face-to-face conversations may fact create the possibility of a breakthrough. but right now the president has no new proposals to give his congressional leaders. he will stick with what he told the nation on friday-- raise income taxes for households earning more than $250,000, extend unemployment be
cliff deadline. >> glor: nancy cordes, thank you. major garrett has been following developments at the white house. major, what is the president's next move? >> reporter: it is not a breakthrough but it is a glimmer of hope. officials tell cbs news the president will meet with harry reid, mitch, house speaker john boehner, democratic leader nancy pelosi tomorrow afternoon at the white house. to try to find out if there is a way to avert the fiscal cliff. today, after the president...
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>> if we do go off the fiscal cliff, congress would be more likely to make a deal. members could claim they are cutting taxes. >> thank you. if america does fall off the fiscal cliff on the first of the year, maryland would be hit hard. hundreds of millions of dollars and tens of thousands of jobs lost. >> we have a lot of federal workers and businesses that rely on the federal government. many are watching the negotiations closely. if partisan politics prevail and they cannot reach a deal, americans in maryland will burden will -- will be burdened. legislativent of observances had a report about what the impact would be. if we fall off the fiscal cliff. maryland will lose $178 million in funding next year. economists say to make up for it, the state will have to make cuts. >> it will be a challenge to make the ends meet. >> the greater economic impact could be huge hit in sales and income revenue. the state would lose about $268 million in 2013 and another million in 2014. >> small business innovation. these are tied up in those revenues. >> the already struggling
>> if we do go off the fiscal cliff, congress would be more likely to make a deal. members could claim they are cutting taxes. >> thank you. if america does fall off the fiscal cliff on the first of the year, maryland would be hit hard. hundreds of millions of dollars and tens of thousands of jobs lost. >> we have a lot of federal workers and businesses that rely on the federal government. many are watching the negotiations closely. if partisan politics prevail and they cannot...
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. >> thanks, ko. >>> the fiscal cliff deadline is looming and senate leaders are trying to avert so the- called fiscal cliff. president obama says there is still time to reach an agreement, but he chastised lawmakers for waiting until the last minute. >> we're now at the point where in just a couple of days, the law says that every american's tax rates are going up. every american's paycheck will get a lot smaller. that would be the wrong thing to do for our economy. >> divided government is a good time to solve hard problems. in the next few days, leaders in washington have an important responsibility to work together to do just that. >> congressional leaders could present legislation to senators as early as tomorrow with a vote possible on sunday or monday. >>> coming up on 9 news -- ♪ [music] ♪ a local music legend dies. we'll have a look back at the career of mike aldredge. >>> welcome back, everybody. local blue grass music legend mike aldredch has died of cancer. he would have been 74 tomorrow. ♪ [music] ♪ he was a founding member of the group "the seldom seen." he also to
. >> thanks, ko. >>> the fiscal cliff deadline is looming and senate leaders are trying to avert so the- called fiscal cliff. president obama says there is still time to reach an agreement, but he chastised lawmakers for waiting until the last minute. >> we're now at the point where in just a couple of days, the law says that every american's tax rates are going up. every american's paycheck will get a lot smaller. that would be the wrong thing to do for our economy....
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. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed and angry. if they were my representeddives, i'd certainly vote them out of office. >> on tie mitchell of brokering a deal is waning. >> we do have a chance, an outside chance to get this done. >> we need two words. presidential leadership, on not just taxing rich people. >> reporter: some democratic lawmakers are calling on the house speaker to call house republicans back to work. >> bring the house back now. show up to work. >> reporter: the speaker has ordered republicans back on sunday but democrats want them to return sooner. both sides are blaming each other for the lack of compromise. democrats say house speaker is boehne
. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed...
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thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends on. one year or two years at the most, but the tax system is made permanent. well, i just think that's grossly unfair. grossly unfair. as i have said before, no deal is better than a bad deal, and this looks like a very bad deal the way this is shaping up. >> so, senator kuhns, is $400,000 on individuals a bad deal as tom harken described, it or is some deal better than no deal at this point? >> well, first, let's just talk about our broader values and the context we're operating in. given the real financial strains on our federal budget, given divided government where the house is controlled by republicans, the s
thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends...
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. >> thank you. >>> despite the uncertainty over the fiscal cliff stocks rallied this year. that could change on wednesday depending on what happens tomorrow. the dow is up 166 to 13,104. >>> while there is still no deal on the fiscal cliff lawmakers reached an agreement to keep milk prices from going up. we are waiting on the house to vote on it. if they don't do it before midnight it defaults back to a 1949 statute. the government would be forced to buy milk at twice today's price. >>> the united states hit its debt limit today, borrowing $16.4 trillion. the treasury department is taking measures to buy time till february. after that the treasury will not be able to pay bills in full and own time setting the stage for another fight on capitol hill. >>> sad new year's eve for a family and the entire prince william county police departmentarve an officer a-- department after an officer was killed. >> reporter: chris yung was on his way to a call when this crash happened. >> really sad. and really hard for our families. the kids played together. chris was already running arou
. >> thank you. >>> despite the uncertainty over the fiscal cliff stocks rallied this year. that could change on wednesday depending on what happens tomorrow. the dow is up 166 to 13,104. >>> while there is still no deal on the fiscal cliff lawmakers reached an agreement to keep milk prices from going up. we are waiting on the house to vote on it. if they don't do it before midnight it defaults back to a 1949 statute. the government would be forced to buy milk at twice...
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thank you. still to come, after the fiscal cliff, the hangover. what will it feel like the day after? up next though, arming teachers to protect students, we are going to talk to arizona's attorney general who has a plan under way to do just that. you are watching msnbc, the place for politics. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment
thank you. still to come, after the fiscal cliff, the hangover. what will it feel like the day after? up next though, arming teachers to protect students, we are going to talk to arizona's attorney general who has a plan under way to do just that. you are watching msnbc, the place for politics. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst...
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bret >> bret: thank you. the fiscal cliff not the only thing that congress is dealing with. fox news learned the house plans to split the superstorm sandy aide bill to two parts. giving the lawmakers opposed to a large bill the ability to vote against it and vote on the other part so they don't appear unwilling to help storm victims. the base would provide immediate funding to those affected by the october storm that devastated new york and new jersey coastlines. meanwhile, republicans are still meeting up on capitol hill. we have a live camera outside of that meeting. they are, the camera just shooting in and out there. they are meeting and those are the microphones they may come and talk to reporters after they finish that conference meeting. we are just getting word of something that perhaps is happening behind those doors. senior g.o.p. leadership aide is telling fox that the speaker presented his members two options. the first would be to make an amendment to the senate bill that would add a package of spending cuts. the whip, majority whip would do a whip check, vote c
bret >> bret: thank you. the fiscal cliff not the only thing that congress is dealing with. fox news learned the house plans to split the superstorm sandy aide bill to two parts. giving the lawmakers opposed to a large bill the ability to vote against it and vote on the other part so they don't appear unwilling to help storm victims. the base would provide immediate funding to those affected by the october storm that devastated new york and new jersey coastlines. meanwhile, republicans...
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. >> that's all the time we have left for the special fiscal cliff edition of hannity. thanks for being with us. let not your heart be troubled because the news continues and greta is standing by to go live on the record. greta, take it away.illy. the factor. captioned by closed captioning services, inc. >> the o'reilly factor is on. tonight. >> this is something within our capacity to solve. call me a hopeless optimist but i still think we can get it done. >> as the nation comes closer to the edge the chances of a fiscal cliff deal begin to doom. what will it mean for you? >> the administration essentially enacting legislation on its own through you regulation. a lot of them i think are illegal and unconstitutional. >> barack obama ramping up plans for a second term despite harsh criticism from opponents. what can we expect in the next four years? >> from the moment we met ben outside of st. peter's, russia, we fell in love. >> and tensions escalate between the u.s. and russia after putin tells americans he won't let them adopt russian children. could this be the start
. >> that's all the time we have left for the special fiscal cliff edition of hannity. thanks for being with us. let not your heart be troubled because the news continues and greta is standing by to go live on the record. greta, take it away.illy. the factor. captioned by closed captioning services, inc. >> the o'reilly factor is on. tonight. >> this is something within our capacity to solve. call me a hopeless optimist but i still think we can get it done. >> as the...
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. >> thanks brian, you too. fiscal cliff is no concern for these consumers. whether they are driving a truckload of cash or a cool ride. ,,,,,, hey, dad. i love boleros. share what moves you. go, go, go-- yes ! you've got to get one of these. share a great performance. what are you doing ? this tools app is awesome. share the perfect plan. that is awesome. i'm gonna be right back. share everything. this holiday, get verizon's share everything plan. unlimited talk, text, and shareable data across your family's devices. all in one plan. get a spectrum 2 by lg for $49.99 >> eyewitness news is brought to you by nissan. >> tonight, toyota is a step closer to paying a billion dollars legal settlement. a district judge has given preliminary approval to this class action lawsuit. 14million cars were recalled worldwide. final approval of the settlement is not expected until june. >>> when it comes to cars, have you noticed anything different on the roads? well cbs5 reporter joe vasquez shows us luxury is a popular ride. >> latest attributes is an all wheel drive seaso
. >> thanks brian, you too. fiscal cliff is no concern for these consumers. whether they are driving a truckload of cash or a cool ride. ,,,,,, hey, dad. i love boleros. share what moves you. go, go, go-- yes ! you've got to get one of these. share a great performance. what are you doing ? this tools app is awesome. share the perfect plan. that is awesome. i'm gonna be right back. share everything. this holiday, get verizon's share everything plan. unlimited talk, text, and shareable data...
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thank you very much. we appreciate it. >>> there's no deal on the fiscal cliff. that we know. and many americans are not happy about it we'll hear your take on it. meanwhile, new york city is preparing for the new year's eve celebration. anderson and kathy griffin want you to get ready for our special coverage tomorrow night. we'll hear from them both. cut take a look at what joseph siegel says. >> my new year's message to washington is to secure the blessings of liberty to ourselves and posterity. invest in our children, in our schools and in our communities. raise taxes on the rich, and eliminate corporate loopholes. and do not cut social security or medicare. thank you and happy new year. >>> now, our reporters is one way we're communicating with you, facebook, a big discussion going on my facebook page. let me show awe few quotes. the first one, let the bush tax cuts expire. go back to the clinton era tax rate and watch republicans squirm. that's what benjamin bog is saying. the next one says, we need to cut entitlements and spending. and get people off government reliance
thank you very much. we appreciate it. >>> there's no deal on the fiscal cliff. that we know. and many americans are not happy about it we'll hear your take on it. meanwhile, new york city is preparing for the new year's eve celebration. anderson and kathy griffin want you to get ready for our special coverage tomorrow night. we'll hear from them both. cut take a look at what joseph siegel says. >> my new year's message to washington is to secure the blessings of liberty to...
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there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after 2:00 eastern this morning the senate overwhelmingly passed the plan that was crafted by the vice president and the senate minority leader. the vote, very big, 89-8. the republican-controlled house left well before midnight last night, so they will have to take up the measure later this morning. here's how the two senate leaders summed up their night. >> i'm disappointed that we weren't able to make the grand bargain as we tried to do for so long. but we tried. >> so it took an imperfect solution to prevent our constituents from a very real financial pain. but in my view, it was worth the effort. >> so here's what the senate plan means for you. bush-era tax cuts extended for people earning less than $400,000 a year. and couples earning less
there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after 2:00 eastern this morning the senate overwhelmingly passed the plan that was crafted by the vice president and the senate minority leader. the vote, very big, 89-8....
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ woman: my first symptoms were... man: constant tingling in my toes. woman: my leg sometimes will go numb. woman: i had double vision. woman: they said, "you have multiple sclerosis." woman: well, the beginng is the hardest time. man: i kind of had to get a grasp on reality. man: i had to adapt and change very rapidly. woman: i had to learn how to drive with my hands -- yeah, that was interesting. woman: i was a dancer. i don't see walking the way i walk any different than doing a dance. it just looks different -- it's a different dance. woman: you see me have an off day. it doesn't take away from who i am. man: a symptom may cause
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ woman: my first symptoms were... man: constant...
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so much. >>> you know about the fiscal cliff. here comes the container cliff. dockworkers threaten to go on strike this sunday at more than a dozen major seaports from texas to massachusetts, and that could cost american companies about $1 billion a day. ana anna werner good morning. >> reporter: good morning. there are only two days left after a potential strike and negotiations between the longshoremen longshoremen's union and shipping companies are at an impasse. at issue here is pay for those working at the ports, but if the issue isn't resolved the consequences could be a devastating impact on the economy. as the rest of the country focuses on the political gridlock in washington workers at the port of houston are working overtime trying to get as many shipments in and out as they can before a threatened strike brings the port to a standstill. >> sitting here right now we fully expect there will be some shutdown or strike at the end of the day. >> reporter: jon gold vice president of the national retail federation says a shu
so much. >>> you know about the fiscal cliff. here comes the container cliff. dockworkers threaten to go on strike this sunday at more than a dozen major seaports from texas to massachusetts, and that could cost american companies about $1 billion a day. ana anna werner good morning. >> reporter: good morning. there are only two days left after a potential strike and negotiations between the longshoremen longshoremen's union and shipping companies are at an impasse. at issue here...
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thank you. >> thank you. >>> much more ahead as the nation inches forwards the everyone of the fiscal cliff. and at the top of the hour, david gregory's interview made news from "meet the press." that's coming up, too. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. if we took the already great sentra apart and completely reimagined it with best-in-class combined mpg, and more interior room than corolla and civic? and a technology suite with bluetooth, navigation and other handy stuff? yeah, that would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now g
thank you. >> thank you. >>> much more ahead as the nation inches forwards the everyone of the fiscal cliff. and at the top of the hour, david gregory's interview made news from "meet the press." that's coming up, too. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest...
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, a you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ it was the biggest race of the year, and no matteoqat, i was gonna win. someti[js...things happen you just canoi explain. )a ♪ oh, i believe there e angels among us... ♪r> and some things ar more importanthan winning. #% ♪ sent iíwn to us #]from somewhere up(above ♪r2 #o♪hey come to you and me ♪ i don't remember who won the ra that day...r2 ♪ to show usfr how to live, ♪ ... bui'll(never forget how i felt. ♪ to teach us f:how to give ♪ to guide us with the light of love. ♪ but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung functi
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, a you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ it was the biggest race of the year, and no...
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. >> thanks so much. >>> back here at home, the big focus is on the fiscal cliff. washington has less than 48 hours to make a deal before billions in tax increases and spending cuts take effect. senate negotiators stayed late into the night trying to work out a plan that would pass a vote. both houses of congress would convene later this afternoon in a rare sunday session. in his weekly address, the president took his message directly to the public calling for congress to come together to pass a deal. >> for the past couple months, i have been working with people in both parties with the help of business leaders and ordinary americans to come together around a plan to grow the economy and shrink our deficits. it's a balance plan. one that would protect the middle class, cut spending in a responsible way and ask the wealthiest americans to pay a little more. and i'll keep working with anybody who's serious about getting a comprehensive plan like this done because it's the right thing to do for our economic growth. but we're now at the point where in just a couple of
. >> thanks so much. >>> back here at home, the big focus is on the fiscal cliff. washington has less than 48 hours to make a deal before billions in tax increases and spending cuts take effect. senate negotiators stayed late into the night trying to work out a plan that would pass a vote. both houses of congress would convene later this afternoon in a rare sunday session. in his weekly address, the president took his message directly to the public calling for congress to come...
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wayne kufman of john thoma fiancial thanks a lot >> susie: the fiscal cliff isn't the only drama playing out for the u.s. economy: there's also the "container cliff". 14 ports along the u.s. east and gulf coasts are at risk of closing if longshoremen and the international maritime alliance cannot reach a deal by saturday. federal mediators have been called in to help with last minute negotiations. at the heart of the dispute: container royalties. those fees charged to shippers were implemented in the 1960s to help dock workers displaced by technology. the maritime alliance wants the royalties capped. earlier this month a port strike in southern california, cost an estimated $1 billion a day. netflix is blaming problems at its web service provider, amazon for a server outage that took down its streaming video service on christmas eve and into christmas day. netflix says it worked through the night with engineers at amazon to get the service back up and running. netflix shares rebounded today, rising almost 2%, while amazon shares fell nearly 4%. >> susie: amazon was just one of many stock
wayne kufman of john thoma fiancial thanks a lot >> susie: the fiscal cliff isn't the only drama playing out for the u.s. economy: there's also the "container cliff". 14 ports along the u.s. east and gulf coasts are at risk of closing if longshoremen and the international maritime alliance cannot reach a deal by saturday. federal mediators have been called in to help with last minute negotiations. at the heart of the dispute: container royalties. those fees charged to shippers...
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we will continue to update you here on fox news channel on the fiscal cliff as you look live on capitol hill and we will do it fair, balanced, and captioned by closed captioning services, inc. >>> happy new year's eve. the countdown is on!n this is "the five"! 2012 is coming to a close and we are fired up and ready to gr for 2013. it has been quite a year, guys. we had to go through the five biggest stories of the year anf the worst stories in a minute. e table quickly. new year's eve. kimberly, love it or hate it? >> kimberly: i love new year's eve. it usually work new year's eve. but you get off in midnight just in time for celebratory inebry yens. >> eric: how you? >> juan: i'm not crazy about it. i bet somebody else is having a better time. >> eric: that is sad. >> juan: going at it. >> kimberly: glass half ful full. >> juan: but i think i make you in puerto rico around new year's eve. it ran in geraldo at the restaurant and i thought it was fox in puerto rico. >> eric: we met in a hot tub. [ laughter ] i think that is juan williams. >> andrea: is that where the story ends? >> eric:
we will continue to update you here on fox news channel on the fiscal cliff as you look live on capitol hill and we will do it fair, balanced, and captioned by closed captioning services, inc. >>> happy new year's eve. the countdown is on!n this is "the five"! 2012 is coming to a close and we are fired up and ready to gr for 2013. it has been quite a year, guys. we had to go through the five biggest stories of the year anf the worst stories in a minute. e table quickly. new...
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thank you for your thoughts and ideas today on our beloved fiscal cliff. >> five days to go and counting before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the scheduled sequester cuts from defense to domestic programs, but, of course, in urging the senate to act saying, well, we've acted, now it's your turn, we're simply not going to see the democrats take them up on that because president obama since that letter has won the election and now we're looking at the possibility of a mini deal that would get enacted before january 1st but so far all we've heard are the sounds of silence in the negotiations. a senior white house official told me today when i asked was there any holiday season progress, back channel progress over the past couple of days, got a one-word reply, no.
thank you for your thoughts and ideas today on our beloved fiscal cliff. >> five days to go and counting before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the...
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thanks, josh. >> thank, sue. >>> a special report on fiscal cliff negotiations that is in addition to our coverage all day awning on cnbc and cnbc.com. simon? >> hundred efs thousands of jobs are waiting for congress to act over the next few hours. who is in trouble? more "power lunch" in two minutes plus of course president obama speaking in about 12. this is cnbc. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. sfls welcome back to "power lunch." one of the big barometers today on how the market feels about the ofds going over the fiscal cliff is the defense sector. the defense sector index today in fact back up near the highs after that report from john harwood that they
thanks, josh. >> thank, sue. >>> a special report on fiscal cliff negotiations that is in addition to our coverage all day awning on cnbc and cnbc.com. simon? >> hundred efs thousands of jobs are waiting for congress to act over the next few hours. who is in trouble? more "power lunch" in two minutes plus of course president obama speaking in about 12. this is cnbc. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have...
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thank you. shibani: starbucks taking of a fiscal cliff matters into its own hands. it wants lawmakers to wake up and smell the coffee. i don't think it is the only one. the company urging washington to come together on the fiscal cliff. literally. howard schultz is telling employees all-around the d.c. area for them to write come together on customer cups, tomorrow and friday, politicians return to the capital to deal with the fiscal cliff. schulz says the cup campaign aims to serve as a rallying cry in the days leading up to the january 1st fiscal clipped deadline and thereby increase their weight time for a cup of coffee. dennis: no word whether the deal will sue over misappropriation of that phrase. shibani: schulz taking matters of forcing a deal. dennis: i am sure that will work. nothing else has. looking really nice that christmas but it is wreaking havoc on people trying to flee their in-laws and fly home today. we are live in the fox weather center. shibani: speaking of travel we have last minute new year's deal ahead. you don't have to stay home. we have gr
thank you. shibani: starbucks taking of a fiscal cliff matters into its own hands. it wants lawmakers to wake up and smell the coffee. i don't think it is the only one. the company urging washington to come together on the fiscal cliff. literally. howard schultz is telling employees all-around the d.c. area for them to write come together on customer cups, tomorrow and friday, politicians return to the capital to deal with the fiscal cliff. schulz says the cup campaign aims to serve as a...
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. >> thank you. >>> we're less than a week away from the "fiscal cliff" and it turns out not every lawmaker left for the holiday. senate majority leader harry reid had worked on christmas at the capital on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short term spending cuts instead of long term deals that had been sought. >>> president obama will cut his hawaiian vacation short today and return to washington to take part in "fiscal cliff" negotiations. >>> holiday sales grew at a weak pace this year. the weakest in four years. mastercard advisors spending pulse reports that sales in the two months before christmas increased .7% over last year. a lot of analysts expected sales to be up 3 or 4%. but wait, there is more. when i worked in retail when i was in college, christmas was busy enough. but the day after christmas? it was unbelievable! cbs 5 reporter cate caugiran is in san leandro where after- christmas shopping has already started. >> reporter: yes, brian. it started at 5:00 this morning at the bay fair center in san leandro.
. >> thank you. >>> we're less than a week away from the "fiscal cliff" and it turns out not every lawmaker left for the holiday. senate majority leader harry reid had worked on christmas at the capital on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short term spending cuts instead of long term deals that had been sought. >>> president obama will cut his hawaiian vacation short today and return to...
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we'll talk about that. >>> no deal in sight before the so-called fiscal cliff. coming up, an update on what if anything can be done from the ranking democrat on the house budget committee, maryland congressman chris van hollen and new information of kelly o'donnell and check out the "news nation" tumblr page. lots of behind the scenes pictures. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. >>> we are about a half hour away now with the meeting between president obama and top leaders of both parties. joining the president and vice president, boehner, pelosi, reid and mcconnell. their goal, agree on something before the country falls off
we'll talk about that. >>> no deal in sight before the so-called fiscal cliff. coming up, an update on what if anything can be done from the ranking democrat on the house budget committee, maryland congressman chris van hollen and new information of kelly o'donnell and check out the "news nation" tumblr page. lots of behind the scenes pictures. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every...
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that is does 30 as we get mighty close to the fiscal cliff. harris? >> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast and new england. causing new trouble for post holiday travelers. an american airlines plane ended up stranded on a snow. >> tarmac in pittsburgh. just outside new york city a southwest jet got stuck in the mud after skidding off the runway. in some of the hardest hit area the roads are even worse. >> i lost count of number of cars in the ditch. a jackknifed tractor trailer and a horse trailer turned over. >> i have seen ten cars in an accident. i saw a lexus fly into the ditch. >> i wish people would slow down a little bit, you know. it is pretty slick. >> harris: the storm will
that is does 30 as we get mighty close to the fiscal cliff. harris? >> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast...
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shy of the deadline the senate passed a deal to avoid the fiscal cliff. >> that goes to the house for a vote. doug mcelway is live with what it all means. you have been up all night so have i, what do we have? >> little more than 2 hours after the deadline passed they passed a stopgap fiscal cliff bill that spares the vast majority of americans tax increases. it passed with broad bipartisan support the final vote was 89 yai's 8 nay's. they pent went to the floor to describe a flawed bill one of the best they could craft given the different priorities over the two parties for the last couple years. >> shouldn't be a model of how we do things but i think we can say we have done some good for the country. we have done some good for the country. we have taken care of the revenue side of this debate. >>> working through the night we have reached a deal with sen more mcconnell. i have said all along the most important priority was to pa protect the middle class families. >> it raises tax rates on incomes over 400,000 for individuals 450,000 for couples. it blocks the spending cuts for two m
shy of the deadline the senate passed a deal to avoid the fiscal cliff. >> that goes to the house for a vote. doug mcelway is live with what it all means. you have been up all night so have i, what do we have? >> little more than 2 hours after the deadline passed they passed a stopgap fiscal cliff bill that spares the vast majority of americans tax increases. it passed with broad bipartisan support the final vote was 89 yai's 8 nay's. they pent went to the floor to describe a flawed...
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thanks. >> good to see you, chris, thanks. >> up next, the fiscal cliff and you. what the deal struck last night by the senate means for your bottom line. >>> plus, we'll also have the latest on secretary of state hillary clinton's condition. she continues to get treatment for a blood clot in a new york hospital. >>> and then later, coming to a theater near you. the new movies hitting the big screen in 2013. which will be the blockbusters and which won't be worth your buck? >>> so, here we are, 98% of americans will avoid a tax hike in the new year, of course, if the house goes along with the fiscal cliff deal that was reached in the senate very early this morning. individuals earning $400,000 a year, couples earning $450,000, will see their income taxes rise on amounts above their annual salary. and in addition to income taxes, the senate plan prevents other tax hikes and extends key benefits. here to talk about what this fiscal cliff deal could mean to you is retail and economic analyst hitha. >> happy new year. >> a lot of people breathing a sigh of relief, obv
thanks. >> good to see you, chris, thanks. >> up next, the fiscal cliff and you. what the deal struck last night by the senate means for your bottom line. >>> plus, we'll also have the latest on secretary of state hillary clinton's condition. she continues to get treatment for a blood clot in a new york hospital. >>> and then later, coming to a theater near you. the new movies hitting the big screen in 2013. which will be the blockbusters and which won't be worth...
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. >> edward lawrence from washington, thank you. >>> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. the deadline is only six days away. the president plans to leave hawaii today and head back to washington to meet with lawmakers. where heed he and his wife, michelle, spent christmas visiting u.s. troops and their families in hawaii. to beat the january 1st deadline senate majority leader harry reid is said to be crafting his own fiscal package. it would extend the bush era tax cuts for households making less than $250,000, extend long-term unemployment, short-term spending cuts, and make a scheduled drop in medicare reimbursement to doctors. house speaker john boehner said they've had no communication with senator reid. >>> the exconwho ambushed and killed two volunteer firefighters in upstate new york may have murdered his sister. her body was found yesterday, and police say william spamglor had the same kind of military rifle used in the connecticut school massacre. he left behind a chilling note. >> reporter: the christmas eve fire in western
. >> edward lawrence from washington, thank you. >>> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. the deadline is only six days away. the president plans to leave hawaii today and head back to washington to meet with lawmakers. where heed he and his wife, michelle, spent christmas visiting u.s. troops and their families in hawaii. to beat the january 1st deadline senate majority leader harry reid is said to be crafting his own fiscal...
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kyla campbell, ktvu channel 2 news. >> thank you. >>> with all of the focus on the fiscal cliff, a new bill to prevent the so-called dairy cliff is also in play today. the house is expected to vote on a one-year extension of the expiring u.s. farm bill. leaders from the house and senate agricultural committees have already agreed to the bill. if it's not passed, milk prices could double up to $8 a gallon. >>> a number of new laws are ahead for the new year, including one in alameda county that claims to keep plastic bags out of the hands of shoppers. new at noon, brian flores is live with a new bag ban and reaction from residents and a store manager. >> reporter: hi, david. plastic bags could be a thing of the past. starting tomorrow, shoppers are urged to bring in their own reusable bags or will be charged for each paper bag they use. >> happy new year. >> reporter: with the new year comes new laws for shoppers in alameda county. starting tomorrow, customers will need to bring in their own reusable bag. or if they forget, they will need to shell out 10 cents per bag. >> i don't think
kyla campbell, ktvu channel 2 news. >> thank you. >>> with all of the focus on the fiscal cliff, a new bill to prevent the so-called dairy cliff is also in play today. the house is expected to vote on a one-year extension of the expiring u.s. farm bill. leaders from the house and senate agricultural committees have already agreed to the bill. if it's not passed, milk prices could double up to $8 a gallon. >>> a number of new laws are ahead for the new year, including one...
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thank you. >>> while the fiscal cliff has reigning in, some are it's report that had contributions of up 63% for the first nine months. the reason donors are concerned that a fiscal cliff deal could limit the tax deduction on charitable giving in the future. >> good day to you. is that the reason? i think people are worried they won't know what the deduction listen next we're, so front-loading the deduction this year. hopefully it's my wish they don't reduce it at all. >> let's look at some of the numbers. each year 300 billion is given to charity and claim about 50 billion a year in tax deductions. so when you look at some of the numbers, a person making about $too,000, they can deduct 35%. if that were to go down to 28%, how much do you think that would impact giving? >> you know, the estimate is anywhere between 1 and 30 billi billion, depending on how the deduction goes, and even if it's eliminated. it's hard to predict. one of the important things is this deduction han in place since 1917, and no one has ever touched it before. so we have no data on what's going to happen, but i
thank you. >>> while the fiscal cliff has reigning in, some are it's report that had contributions of up 63% for the first nine months. the reason donors are concerned that a fiscal cliff deal could limit the tax deduction on charitable giving in the future. >> good day to you. is that the reason? i think people are worried they won't know what the deduction listen next we're, so front-loading the deduction this year. hopefully it's my wish they don't reduce it at all. >>...
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. >> doug: pessimism and frustration on capitol hill as fiscal cliff talks stall and the clock races forward. this is "special report." good evening. i'm doug mckelway in for bret baier. four days until we head to the fiscal cliff. now it looks like childhood i go, you go games with neither side showing a willing nose go first. mike emanuel on where he head now. >> reporter: pessimistic tone for heading for the fiscal cliff in days. president obama and senators cut the christmas vacation short. the leader is happy to review what the president has in mind but to date they have not put forward a plan. late today, mcconnell expressed frustration. >> this is a conversation we should have had months ago. republicans aren't about to write a blank check or anything that senate democrats put forward just because we find ourselves at the essential. >> asked if he was going over the cliff, biden joked cliff? what cliff? this has been operated with a dictatorship of the speaker. not allowing the vast majority of the representatives to get what they want. they want them to return in case a deal
. >> doug: pessimism and frustration on capitol hill as fiscal cliff talks stall and the clock races forward. this is "special report." good evening. i'm doug mckelway in for bret baier. four days until we head to the fiscal cliff. now it looks like childhood i go, you go games with neither side showing a willing nose go first. mike emanuel on where he head now. >> reporter: pessimistic tone for heading for the fiscal cliff in days. president obama and senators cut the...
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Dec 28, 2012
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. >>> why do some washington power brokers want to go over the fiscal cliff? the political brief sing next. first, the amr moment of 2012 that left us all speechless. i'm not kidding. this literally left me speech weathers it happened. you will remember it. >> contraceptive thing, my gosh, it is such inexpensive. back in my days, they used bayer aspirin, they put it between their knees and it was not that costly? ? >> excuse me, i'm just trying to catch my breath from that. >>> this afternoon's meeting feels like optics, to make it look like we are doing something. let me say one more time, this is a total dereliction of duty at every level. i have been surprised that -- the president has not laid out a very specific plan to deal with this. but candidly, congress could have done the same. and i think that the american people should be disgusted. >> this's just four days until washington drives off the so-called fiscal cliff. something both democrats and republicans have called a worst case scenario. is temporarily going tv cliff is a best-case scenario for all
. >>> why do some washington power brokers want to go over the fiscal cliff? the political brief sing next. first, the amr moment of 2012 that left us all speechless. i'm not kidding. this literally left me speech weathers it happened. you will remember it. >> contraceptive thing, my gosh, it is such inexpensive. back in my days, they used bayer aspirin, they put it between their knees and it was not that costly? ? >> excuse me, i'm just trying to catch my breath from that....
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Dec 31, 2012
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. >> thank you. same to you. ashley: the fiscal cliff is the big story. that is not the only thing that could mean major changes for you and your wallet next year. changes for healthcare. that is coming up next. shibani: we are also waiting for the president's remarks live from the white house. we will bring them to you live. ♪ droid dna augmentation initiated. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolng with beats audio. wireless charging activated. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. the 952013 kicks off, affordable care act will be front and center. we know there will be an eventful year. what are some of the biggest things we need to keep an eye on >> the biggest thing is the affordable care act. the obama administration sees this as the key here for getting it implemented. there is a problem with that, though. most of the governors do not want to participate. ashley: if they do not participate, does that mean the federal government comes in a
. >> thank you. same to you. ashley: the fiscal cliff is the big story. that is not the only thing that could mean major changes for you and your wallet next year. changes for healthcare. that is coming up next. shibani: we are also waiting for the president's remarks live from the white house. we will bring them to you live. ♪ droid dna augmentation initiated. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolng with beats audio. wireless...
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Dec 30, 2012
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does n move fast, you're going to get note that the supermarket, and you're going to pay a lot more fr that milk and cheese . hurricanes and the victims need help. waington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast,
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does n move fast, you're going to get note that the supermarket, and you're going to pay a lot more fr that milk and cheese . hurricanes and the victims need help. waington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ [ male announcer ] you are a business pro. omnipotent...
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Dec 31, 2012
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it comes to the fiscal cliff stalemate. we'll hear what some of you had to say next. Ñe >>> let's face it, fiscal cliff has most people outraged. we asked for you to send in your thoughts on this matter, and boy did you ever do it. we opened up a can of worms when we did this. joining us from orlando, and we received lots of feedback from our eye reporters, terry, i want you to listen and get your reaction to one of them who holds nothing back, calling lawmakers spoiled brats. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you are off in la-la land and everyone's saying how you're acting like a bunch of spoiled brats who are more interested in being right than doing the right thing and actually representing the people who elected you. >> understand why she's upset, because most americans -- i don't know, do you think most americans have an idea of what all this fiscal cliff chatter means? >> oh, yes. oh, yes, don, i think people have a very, very g
it comes to the fiscal cliff stalemate. we'll hear what some of you had to say next. Ñe >>> let's face it, fiscal cliff has most people outraged. we asked for you to send in your thoughts on this matter, and boy did you ever do it. we opened up a can of worms when we did this. joining us from orlando, and we received lots of feedback from our eye reporters, terry, i want you to listen and get your reaction to one of them who holds nothing back, calling lawmakers spoiled brats....
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Dec 29, 2012
12/12
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and newcars for bureaucrats. this one is going to drive you nuts. ♪ ♪ tom: the senate just passing the $60 billion hurricane s&p relief bill in the last hour. now heads to the houseor a possible weekend vote. the senate passing is good news for the victims of sandy, but the bill is also packed with projects that have nothing to do with the storm, like a new roof for the smithsonian museum. i'm sure there would like a new roof, but this is supposed to be for hurricane victims. millions for tree plantings and towns which sandy did not even pass, let alone damaged. my next guest says that is why they should have voted against it. american majority action spokesman, i just saw your tweet. you're ta
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and newcars for bureaucrats. this one is going to drive you nuts. ♪ ♪ tom: the senate just passing the $60 billion...
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Dec 25, 2012
12/12
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speak always my pleasure, thank you.l gerri: it is fiscal cliff season and christmas season but also oscar season with some of the mostd critically acclaimed fils of the year and moviegoers flocked to the best of the best. and some films few actually go to even of atar for the upggest hollywood. those stars make up the top five most overpaid actors. number five, jack black. i love jackst black.late his latest film earned only $7 million. for every dollar he was paid his film returned only about $5. not good enough, sorry. number four, sandra bullock. her film sent her oscar-winningc role in "the blind side" have all been flopped at the box office.n. number three, reese witherspoon. apparently she makes bad decisions about which films she does.la her last two including the unheard-of film "the means war" all bombed. for every dollar she is paid to film returned less than $4. number two, emmy winner catherine hagel. her first film was her huge success, but her last movie "one for the money" only earned $37 million, it costs $40 million to make. and number one, eddie murphy. his last fi
speak always my pleasure, thank you.l gerri: it is fiscal cliff season and christmas season but also oscar season with some of the mostd critically acclaimed fils of the year and moviegoers flocked to the best of the best. and some films few actually go to even of atar for the upggest hollywood. those stars make up the top five most overpaid actors. number five, jack black. i love jackst black.late his latest film earned only $7 million. for every dollar he was paid his film returned only about...
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Dec 31, 2012
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cliff. >> major garrett, thank you. senator is live on capitol hill. >> thanks for having me. >> if there's a deal today, why would you vote to extend tax cuts if there are no new spending cuts? >> that's the exact thing. the real problem is the spending. if you want to raise taxes -- and the president promised in the campaign he wanted to do that -- it's to pay down on the deficit. there's no evidence of any of that. that's a major sticking point. the democrats are divided on tax rates, on the death tax, on taxes on small business and the republicans are holding firm that you actually have to deal with the number one problem in our nation which is the spending our debt. >> senator, the senate is reconvening this morning. how close are we actually to some kind of a deal here? >> i'm hoping that we get an arrangement and an agreement because the american people deserve certainty. what we ought to do is put a bill on the senate floor and let people offer amendments and vote on them. we shouldn't be here waiting for people
cliff. >> major garrett, thank you. senator is live on capitol hill. >> thanks for having me. >> if there's a deal today, why would you vote to extend tax cuts if there are no new spending cuts? >> that's the exact thing. the real problem is the spending. if you want to raise taxes -- and the president promised in the campaign he wanted to do that -- it's to pay down on the deficit. there's no evidence of any of that. that's a major sticking point. the democrats are...
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, dylan glenn, thanks so much. >>> so what could the fiscal cliff mean for wall street and your retirement fund? i'm going to ask independent new york stock exchange trader in about one hour from now. >>> all right. let's switch gears here. because after newtown, gun buybacks are making headlines across the country. >>> and we're going to tell you how donors funded the biggest buyback ever in one connecticut town. i know. i'm will, and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is
, dylan glenn, thanks so much. >>> so what could the fiscal cliff mean for wall street and your retirement fund? i'm going to ask independent new york stock exchange trader in about one hour from now. >>> all right. let's switch gears here. because after newtown, gun buybacks are making headlines across the country. >>> and we're going to tell you how donors funded the biggest buyback ever in one connecticut town. i know. i'm will, and this is the nokia lumia 920 from...
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Dec 29, 2012
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. ♪ tom: the senate just passing the $60 billion hurricane s&p relief bill in the last hour. now heads to the house for a possible weekend vote. the senate passing is good news for the victims of sandy, but the bill is also packed with projects that have nothing to do with the storm, like a new roof for the sm
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ progressive claims. this is flo. i need you. i...
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if it goes over the fiscal cliff, it will hurt the republicans more. host: thank you for the call. a photograph of the president, cutting short his vacation. leaders were blaming each other for the stalled negotiations just days before tax increases lock in. more from the floor of the senate yesterday, harry reid. [video clip] >> speaker boehner should not have that members go back. they are not here. they are not here. john bennett seems to keep more about keeping his speakership than keeping the nation on firm financial footing. he is waiting until january 3 to get reelected as speaker. he has so many people over there that will not follow what he wants. that is obvious from the debacle that took place last week. host: back to your calls and comments. negotiations resumed at 3:00 p.m. this afternoon at the white house. north carolina on the republican line, good morning. caller: how are you/ i'm doing well -- how are you? the budget as far as the epa, i wonder if that would help cutting the budget, plus cutting entitlement spending. instead of raising taxes and lower deduction, i
if it goes over the fiscal cliff, it will hurt the republicans more. host: thank you for the call. a photograph of the president, cutting short his vacation. leaders were blaming each other for the stalled negotiations just days before tax increases lock in. more from the floor of the senate yesterday, harry reid. [video clip] >> speaker boehner should not have that members go back. they are not here. they are not here. john bennett seems to keep more about keeping his speakership than...
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your theory are it's key to how the fiscal cliff plays out. explain. >> there's a significant difference of opinion in the political ramification of what happens if we go over and it comes down debt ceiling. if we go over the fiscal cliff they have all of the leverage because we'll go into the debt ceiling and it will be just like 2011 again. they'll say we're not going to raise the debt ceiling unless you cut entitlements, barack obama will say no and terrified of consequences of national default he'll say yes. so they'll get all of the entitlement cuts with no tax increases on the table. democrats disagree. they will not, under any circumstance, no matter what republicans do, negotiate over the debt ceiling again. they'll break the habit now. if we go to the debt ceiling they'll say we're not talking about this, if you want to have a deal on entitlements, that will have to be matched one to one with tax increases, again, with tax reform. if they do that say democrats get $600 billion in tax increases off of the deal we'll have in the next co
your theory are it's key to how the fiscal cliff plays out. explain. >> there's a significant difference of opinion in the political ramification of what happens if we go over and it comes down debt ceiling. if we go over the fiscal cliff they have all of the leverage because we'll go into the debt ceiling and it will be just like 2011 again. they'll say we're not going to raise the debt ceiling unless you cut entitlements, barack obama will say no and terrified of consequences of...
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thank you. >> thank you. >>> are retail sales diving off the fiscal cliff? we'll talk about how the tax cut debate is impacting the recent christmas shopping economy. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> senator mike crapo is apologizing for his drunk driving arrest. he said, quoetd, i'm deeply sorry for the actions that resulted in this circumstance. i made a mistake for which i apologi
thank you. >> thank you. >>> are retail sales diving off the fiscal cliff? we'll talk about how the tax cut debate is impacting the recent christmas shopping economy. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save...
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>> thanks for having me on. i think we're getting some closure on the fiscal cliff. but we want to look behind the scenes. earning estimates for the s&p 500 and the broader market. over the last tlie months you see negative pressure on earnings. that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on the surface, but it is a reacceleration from the 5% that we're going to post most likely in 2012. >> you have to think about fundamentals then. >> yeah. i'm worried a bit about that and the fact we're probably going to see a reset in earnings estimates in the next three or four weeks. because these negotiations, we're going to get some closure and resolution. it's still going to be a 1%, 1.5% fiscal drag. that's going to be an impact on earnings heading into 2013. >> rick santelli, what do you make of the reporting that john harwood just came out with a moment ago? what do you think that m
>> thanks for having me on. i think we're getting some closure on the fiscal cliff. but we want to look behind the scenes. earning estimates for the s&p 500 and the broader market. over the last tlie months you see negative pressure on earnings. that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on...
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Dec 29, 2012
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if yr bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. your soups are so awesomely delicious my husbandnd i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. i need you. i feel so alone. but you're not alone. i knew yo
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ this is $100,000. we asked total strangers to...
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Dec 30, 2012
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caller: thank you for taking my call. to me, the fiscal cliff is just a small smokescreen. the fiscal cliff that is coming is obamacare. nobody is addressing obamacare. i had to find out friday that we will be taxed 2.3% on any device used in any medical field we go to. my husband is a doctor. he wrote out a prescription for us for january, and he said, i do not know how much this will cost you a of pocket because of obamacare. he even said, my husband is over 70, he did not know how much water he would be able to help him because of obamacare. this is just a smokescreen. when people find out that not only will we be taxed on medical devices, but even our debt bills will be going up because of our animals -- this thing is a joke. you liberals out there, you'll be hit just as hard as the republicans. as the tea party warn you that this will happen. host: let's give the guys at the chance to comment on health care law and its place in this debate. guest: it is not part of the fiscal cliff. there is a tax increase because of health care reform act. it is not considered part of
caller: thank you for taking my call. to me, the fiscal cliff is just a small smokescreen. the fiscal cliff that is coming is obamacare. nobody is addressing obamacare. i had to find out friday that we will be taxed 2.3% on any device used in any medical field we go to. my husband is a doctor. he wrote out a prescription for us for january, and he said, i do not know how much this will cost you a of pocket because of obamacare. he even said, my husband is over 70, he did not know how much water...
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thanks so much. now to the quickly approaching fiscal cliff. tonight president obama and lawmakers are heading back to washington. but do they have enough time left to strike a deal in congressmen tray joins us. hi, tray, a pleasure to see you tonight. >> you too. merry christmas. >> merry christmas. unfortunately we still have the fiscal cliff looming over our head. a lot going on. talk about whether or not we can't get some kind of bipartisan approach. there is some kind of discussion that there might be a deal coming up. tell us what you know. >> i assure you that there will be a resolution either before the new year or shortly after the new year. that's the good news, that there will be a deal. the bad news for you and your viewers is that there won't be a solution. it will be a pan sea or some magical elixor that makes us all feel better. but shortly after we will get a letter from geithner asking us to raise the debt ceiling for the 80th time in our country's history. there will be a deal to, quote, avert the fiscal cliff. your viewers sh
thanks so much. now to the quickly approaching fiscal cliff. tonight president obama and lawmakers are heading back to washington. but do they have enough time left to strike a deal in congressmen tray joins us. hi, tray, a pleasure to see you tonight. >> you too. merry christmas. >> merry christmas. unfortunately we still have the fiscal cliff looming over our head. a lot going on. talk about whether or not we can't get some kind of bipartisan approach. there is some kind of...
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we'll be back in a moment with continuing coverage with the apparent deal to avoid the fiscal cliff. you're watching msnbc, the mace for politics. >>> welcome back to coverage of the breaking news on capitol hill where white house and lawmakers in the senate have come up with a brplan to deal wh the fiscal cliff. senate democrats out of a immediating with joe biden indicate there is a strong democratic support for the plan. it is not clear if we will see a vote in the senate tonight. the house remain as juniored until noon tomorrow. no matter what, the nation will go off the cliff in a few minutes, at mid might eastern, at least temporarily. nancy pelosi released a statement, just a short time ago, saying in part "when a final agreement is reached and passed by the senate, i will present it to the house democratic caucus." for republican reaction, let's bring in political analyst and former chair of the rnc, michael steele, happy almost new year. >> happy almost new year, milissa. did you ever think this is what we would be doing tonight? >> i did not. but in all fairness, we could h
we'll be back in a moment with continuing coverage with the apparent deal to avoid the fiscal cliff. you're watching msnbc, the mace for politics. >>> welcome back to coverage of the breaking news on capitol hill where white house and lawmakers in the senate have come up with a brplan to deal wh the fiscal cliff. senate democrats out of a immediating with joe biden indicate there is a strong democratic support for the plan. it is not clear if we will see a vote in the senate tonight....
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Dec 31, 2012
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"hours from the fiscal cliff, washington awaits deal." experts foresee a significant drag on the economy. negotiators keeping the bush-era tax cuts in place for all but the wealthiest americans. this is having a huge impact on what the markets want, which is some certainty. good morning, andy. caller: i was a volunteer rescue worker at the world trade center. i have two cancers. these guys want to mess with social security. there was a guy on yesterday. he was willing to pay a little more. he will still have over $200,000 left. he'll have maybe $20,000 last. it is ridiculous. we of the strong people. we are the ones that survive. they call us the little people. we are the strong people. host: it is 7:35 eastern time. the house will gavel and at 9:00 p.m. eastern time. we will have live coverage. the senate is coming in at 11:00 a.m. more from the senate floor yesterday. [video clip] >> i'm sure if president does not want a climate like this happen. i do not want on my watch for this to be the last thing that happens on my watch. i do not
"hours from the fiscal cliff, washington awaits deal." experts foresee a significant drag on the economy. negotiators keeping the bush-era tax cuts in place for all but the wealthiest americans. this is having a huge impact on what the markets want, which is some certainty. good morning, andy. caller: i was a volunteer rescue worker at the world trade center. i have two cancers. these guys want to mess with social security. there was a guy on yesterday. he was willing to pay a little...
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Dec 26, 2012
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thank you. >>> and it is the dreaded fiscal cliff that has the president heading home early tonight from his hawaiian christmas vacation. as some lawmakers are also heading back to washington. but with just six days to go, homes for a last-minute deal may be fading. nbc's kristin welker is with us tonight from honolulu. kristen. >> reporter: natalie, good evening. with president obama flying home this evening, the political rhetoric has already started, with republicans urging action in the senate, and with democrats calling on republicans to put middle class families first. the president and first lady spent part of their christmas visiting troops in honolulu. >> we want to say thank you. we love you. >> reporter: but now he heads back to a snowy washington, where the last hope for a deal to avert the fiscal cliff is the senate, which returns tomorrow. majority leader harry reid is devising a partial solution that could ease economic fears. >> if we go over in a chaotic fashion, where members of congress are deeply grid locked with no sign of coming together, then we're likely to go ove
thank you. >>> and it is the dreaded fiscal cliff that has the president heading home early tonight from his hawaiian christmas vacation. as some lawmakers are also heading back to washington. but with just six days to go, homes for a last-minute deal may be fading. nbc's kristin welker is with us tonight from honolulu. kristen. >> reporter: natalie, good evening. with president obama flying home this evening, the political rhetoric has already started, with republicans urging...
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Dec 27, 2012
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lindsey and james, thank you very much. we'll talk about the fiscal cliff ad knaus see yum. that's what we do when you're talking about the economy. appreciate you both being here. it is the fiscal cliff gridlock which is helping to suck the holiday cheer out of many shoppers. a new report says u.s. holiday sales climbed just .7 of a percent over last year. that is their slowest rate of growth since 2008 when the recession was in full force but are people just temporarily stuffing their money in the mattress due to the fisl cliff? or is this the start of a long-term spending halt by consumers? joining us to discuss all of this is retail analyst. we appreciate you being here. we were reporting about this today on the fox business network. one i think it was mastercard spending pulse saying it actually not the fiscal cliff, it was superstorm sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern f
lindsey and james, thank you very much. we'll talk about the fiscal cliff ad knaus see yum. that's what we do when you're talking about the economy. appreciate you both being here. it is the fiscal cliff gridlock which is helping to suck the holiday cheer out of many shoppers. a new report says u.s. holiday sales climbed just .7 of a percent over last year. that is their slowest rate of growth since 2008 when the recession was in full force but are people just temporarily stuffing their money...
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Dec 24, 2012
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for more on the fiscal cliff i'm joined by deputy political editor domminco. let's talk about what are the opings left on the table as we look at the narrow window that's left to get us to 2013 and what could get done. >> well, i think ultimately you've got a small deal, a big deal, or going over the cliff. there is some movement towards getting a small deal done. you hear that from congressman ellison. senate airdz on both sides tell me that that's possible. the 250,000 a year tax cut plus unemployment things and it maybe can kick the can down the road. that will have consequences for the president's agenda in the next year because he wants to get immigration reform done. he wants to get a lot of other things done that really get pushed down the road if fiscal stiff is still weighing on him. >> which side has negotiated in good faith more? the political reporting we've heard is that the president is still at the table. he is saying let's get something done. john boehner is at the table saying he wants to get something done, but -- i think the white house says
for more on the fiscal cliff i'm joined by deputy political editor domminco. let's talk about what are the opings left on the table as we look at the narrow window that's left to get us to 2013 and what could get done. >> well, i think ultimately you've got a small deal, a big deal, or going over the cliff. there is some movement towards getting a small deal done. you hear that from congressman ellison. senate airdz on both sides tell me that that's possible. the 250,000 a year tax cut...
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Dec 29, 2012
12/12
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CNNW
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thank you. all right. >>> so they want the phrase "fiscal cliff" banned in 2013. i can't blame them there. what about "dairy cliff?" why you could spend a lot more on milk products if washington doesn't get its act together soon. [ male announcer ] the more you lose, the more you lose, because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, a
thank you. all right. >>> so they want the phrase "fiscal cliff" banned in 2013. i can't blame them there. what about "dairy cliff?" why you could spend a lot more on milk products if washington doesn't get its act together soon. [ male announcer ] the more you lose, the more you lose, because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ ♪ you make me...
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Dec 27, 2012
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. >> that is nice, thanks, alex. >>> on capitol hill the debate over the fiscal cliff continues to strike a partisan tone with only days left before the deadline. on the senate floor today harry reid blasted john john boehner, accusing him of inaction, he called on him to round up his colleagues so a deal can be reached. >> john boehner seemed to care more about keeping his speaker s hip than keeping the nation on firm footing. >> a speaker for him said he should legitimate more and talk less about that. major tax cuts will hit by then, the president cut short his vacation in hawaii to resume negotiations. >>> a new survey shows u.s. consumer confidence tumbled as the fiscal cliff nears, the consumer confidence index fell to 65 in december, the lowest level since august, last month it was at 71.5. economists say the decline is due to fears of sharp tax increases and government spending cuts set to take effect next week. barkley is considering a plan to change the face of downtown with the first high rise in that city in 40 years, a los angeles real estate group today submitted and applica
. >> that is nice, thanks, alex. >>> on capitol hill the debate over the fiscal cliff continues to strike a partisan tone with only days left before the deadline. on the senate floor today harry reid blasted john john boehner, accusing him of inaction, he called on him to round up his colleagues so a deal can be reached. >> john boehner seemed to care more about keeping his speaker s hip than keeping the nation on firm footing. >> a speaker for him said he should...
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Dec 28, 2012
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patti ann: maria mow lean a thanks. gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from mitch mcconnell, and nothing is hang. patti ann: chris vanhollen joins us next. pwhrafp [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. . patti ann: fox news alert, potentially good news for the nation's housing market. pending home sales, which measure homes that are in contract and about to be sold rose
patti ann: maria mow lean a thanks. gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to...
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Dec 29, 2012
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straight ahead, is it just the fiscal cliff that you are about to be pushed off? try the milk cliff. now, what is that? stand but you are about to find out and well, you won't like it. and, yes, your government is doing it to you. >>> also, what a year. government sex scandals. brutal political fights and superstorms like we he have never seen before. lots of explosive headlines in 2012. what is the biggest story of the year. tell us on gretawire and post your pick and see if your pick made our list. that's coming up. >>> plus, get ready. another storm about to pummel big chunks of the nation. does that possibly mean you? are you in the path? the latest on the storm are's the latest on the storm are's path i i i i i i i [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could b
straight ahead, is it just the fiscal cliff that you are about to be pushed off? try the milk cliff. now, what is that? stand but you are about to find out and well, you won't like it. and, yes, your government is doing it to you. >>> also, what a year. government sex scandals. brutal political fights and superstorms like we he have never seen before. lots of explosive headlines in 2012. what is the biggest story of the year. tell us on gretawire and post your pick and see if your pick...